1+ day, 5+ hour ago (362+ words) Karachi, Nov 29 (PTI) Four Pakistani companies have qualified to participate in the privatisation process of the national flag carrier Pakistan International Airlines (PIA). The bidding process by the privatisation commission was scheduled for the first week of December earlier and has now been delayed to the last week of the month. According to details, Fauji Fertilizer, Habib Rafique, Younus Brothers, and Airblue have shown interest in bidding for a majority share in the privatisation process of the national airline. The successful bidder will have to make an initial investment of PKR 30 to 40 billion in the airline. The PIA's domestic and international properties are excluded from the privatisation and have been transferred to the PIA Holdings Company." The airline's branding and name will also not be changed after the privatisation process is completed. The privatisation will cover only the airline's four…...

3+ week, 5+ day ago (644+ words) New Delhi, Nov 4 (PTI) The country's largest airline IndiGo on Tuesday reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct its first long range Airbus A321 XLR aircraft in December. The airline, which had a loss of Rs 986.7 crore in the year-ago period, said hedging actions and more revenues in foreign currencies from international operations will help cushion the currency movements. It had a profit of Rs 2,176.30 crore in the June quarter. Expanding its international network, IndiGo will be bringing in more planes on damp leases, and currently, the number of aircraft on ground (AOG) is in the 40s, with Chief Financial Officer Gaurav M Negi, in an analysts call, saying the number is expected to remain range-bound till the end of the year. "We have…...

1+ week, 2+ day ago (289+ words) Mumbai, Nov 21 (PTI) Domestic carrier Air India Express on Friday said it will commence flight services from Navi Mumbai International Airport from December 25, with its first flight departing for Bengaluru from the newly-constructed facility. The new services from Navi Mumbai further complement Air India Express" expanding network from Bengaluru, which remains one of its key hubs, it said. Starting December 25, the first day of commercial operations at the airport, Air India Express will operate daily flights to Bengaluru and five weekly flights to Delhi, which are its two largest domestic hubs, the airline said. From January 2026, the airline said, it will operate twice-daily services on both these routes. Air India Express, the low-cost arm of Tata Group-owned Air India, recently introduced routes from Bengaluru to Ahmedabad, Chandigarh, Dehradun, Jodhpur, and Udaipur. The airline operates more than 530 weekly flights from the…...

3+ week, 5+ day ago (733+ words) New Delhi, Nov 4 (PTI) The country's largest airline IndiGo on Tuesday reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct the first long range Airbus A321 XLR aircraft in December. The airline, which had a loss of Rs 986.7 crore in the year-ago period, said hedging actions and more revenues in foreign currencies from international operations will help cushion the currency movements. It had a profit of Rs 2,176.30 crore in the June quarter. Expanding its international network, IndiGo will be bringing in more planes on damp leases, and currently, the number of aircraft on ground (AOG) is in the 40s, with Chief Financial Officer Gaurav M Negi, in an analysts call, saying the number is expected to remain range-bound till the end of the year. "We have…...

1+ week, 2+ day ago (91+ words) An Indian Air Force Tejas fighter jet crashed on Thursday during an aerial display at the ongoing Dubai Air Show, officials said. The aircraft was performing at the international aviation event when the incident occurred. n18oc_breaking-news BREAKING | Tejas Fighter Jet Crashes During Aerial Display At Dubai Air Show | IAF | News18 An Indian Air Force Tejas fighter jet crashed on Thursday during an aerial display at the ongoing Dubai Air Show, officials said. The aircraft was performing at the international aviation event when the incident occurred. n18oc_breaking-news...

2+ week, 5+ day ago (225+ words) New Delhi, Nov 11 (PTI) IndiGo plans to enter into a codeshare partnership with China Southern Airlines as it seeks to provide enhanced air connectivity options to Chinese cities. On Tuesday, IndiGo and China Southern Airlines inked a Memorandum of Understanding (MoU) to establish a codeshare partnership and mutual co-operation agreement. The pact is subject to regulatory approvals, according to a release. Generally, a codeshare partnership allows an airline to book its passengers on its partner carrier on a single ticket. "This partnership aims to offer enhanced travel options and integrated travel itineraries to customers travelling between India and China on the joint network of both airlines besides through check-in process, among other benefits," IndiGo said in the release. The latest announcement from IndiGo comes a day after the airline started direct daily flights from Delhi to Guangzhou. On October 26, IndiGo…...

3+ week, 5+ day ago (271+ words) Airports are always busy, with thousands of people travelling every day. Each airport has two main parts, the runway, where planes take off and land, and the terminal, where passengers check in, drop bags and pass through security. The size of an airport decides how many terminals it has. Since travellers often spend hours inside, airport terminals are designed to look pleasant and comfortable. The simplest airport layout is the linear design. In this type, like Munich Airport, the terminal is built in a long straight line, and all the plane gates are arranged on one side. This design is easy to build and operate, but passengers are required to walk long distances to reach their gates, especially if their flight is at the far end of the building. The pier design is the most common layout seen in airports…...

1+ week, 2+ day ago (342+ words) Dubai Air Show 2025: "India is a strategic priority for us," says SAIC CGO Dubai [UAE], November 21 (ANI): Murtaza Ahmed, who is the Chief Growth Officer for the Civilian Business Group at US-based Science Applications International Corporation (SAIC), said that India is a "strategic priority" and they met with Indian delegations to explore how investments can support India's aviation transformation."This is our first major international expansion outside the United States, and India is a strategic priority for us We met with several Indian delegations and organisations, including HAL, to explore how our investments, technologies, and partnerships can support India's aviation transformation We had productive discussions with the Civil Aviation leadership and the air traffic management community," Ahmad said at the Dubai Air ShowHe further emphasised that SAIC can contribute to India's growth ambitions, expressing confidence regarding the company's capabilities, which…...

1+ day, 4+ hour ago (704+ words) Union Minister Jitendra Singh on Saturday stressed that India's aviation sector is poised for rapid growth over the next decade. Speaking after the virtual inauguration of the HAP Airframe Fabrication Facility and NAviMet here, Singh said the government has been very forthcoming in engaging the private sector to the maximum extent. "Most of the success stories written over the last 10 to 11 years of Prime Minister Modi's tenure can be attributed to the involvement and participation of the private sector. This is true across fields'biotechnology, vaccines, the first-ever antibiotics'all developed with private-sector engagement. The same applies to space," he said, citing the recent Skyroot launch. Referring to CSIR'National Aerospace Laboratories' (CSIR-NAL) two-seater trainer aircraft Hansa-3, Singh recalled being present at the technology-transfer ceremony held in New Delhi in April this year and expressed satisfaction with the pace of progress. "Today, we…...

3+ day, 2+ hour ago (250+ words) Bengaluru, Nov 27 (PTI) Praxair India, a key player in industrial gases and related manufacturing, will invest Rs 210 crore over the next three years to establish liquid oxygen and nitrogen production units in Karnataka, state Industries Minister M B Patil said on Thursday. He said the company signed an MoU with the state government on Wednesday. The minister, who is on an official visit to the UK with a government delegation, said that Praxair India will commence its investment in the current financial year itself. The state government will extend priority support, including land allocation, single-window clearances and infrastructure facilitation, his office said in a statement quoting him. Patil also held discussions with Helix Geospace, known for its helical-antenna technology used in aerospace, defence and drone applications, and with Oxford Space Systems (OSS), a reputed manufacturer of satellite antennas. He said…...